Browsing: Policy

The Biden administration has taken a firm stance against overturning the SEC’s Staff Accounting Bulletin 121 (SAB 121), a move that has sparked controversy within the financial sector, particularly regarding its impact on crypto-related activities. In a statement issued on

The U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, is intensifying its regulatory grip on the cryptocurrency market, with a series of court victories marking a significant turn in the ongoing battle between the federal watchdog and

Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, Binance, has been sentenced to four months in prison on Tuesday after admitting to money laundering charges. The sentence was handed down in a US federal court in Seattle, marking

The aftermath of Indonesia’s recent presidential election appears to bode well for the country’s crypto industry, according to industry observers. With the victory of Gibran Rakabuming, the vice-presidential candidate from the incumbent ruling party, continuity in crypto policies is anticipated.

The U.S. Federal Bureau of Investigation (FBI) has issued a stark warning to Americans, urging them to steer clear of unregistered crypto money transmitting services. In a statement released Thursday, the FBI, through its Internet Crime Complaint Center (IC3), emphasized

The British government is gearing up to introduce comprehensive legislation targeting stablecoins and crypto staking, as well as regulations pertaining to exchanges and custody services for digital assets. Economic Secretary Bim Afolami announced the imminent legislative agenda during the Innovate

Norwegian officials have revealed plans to clamp down on cryptocurrency mining operations within the country by imposing regulations on data centers, according to statements attributed to government representatives. The move comes as part of Norway’s ongoing efforts to address energy-intensive

Senator Kirsten Gillibrand announced plans to unveil new legislation aimed at regulating stablecoins, a move anticipated to occur as early as this week. Speaking at the Bitcoin Policy Summit held at the National Press Club in Washington on April 9,

Thailand’s Securities and Exchange Commission (SEC) has made a significant move by removing restrictions on retail investors’ ability to purchase digital tokens backed by real estate or infrastructure projects. Previously, investors were capped at a maximum investment of 300,000 baht

In a bid to tighten oversight on digital asset transactions, Hong Kong authorities are set to extend regulatory measures to cover over-the-counter (OTC) crypto trading, aligning it with rules governing retail digital asset trading. The move, outlined in the “Public